In the law of corporations, a merger is effected when one or more corporations becomes a part of, or merges, with another corporation so that one ceases to exist and the other continues to exist. In a merger, the company that continues to exist retains its name and identity and acquires the assets, liabilities, franchises, and powers of the corporation that ceases to exist. Attorneys who practice in mergers and acquisitions (sometimes called M & A) represent corporations and other business entities in strategizing, negotiating, and carrying out transactions in which two or more companies or corporations combine into a single new entity, a merger, or where one business purchases and absorbs the assets of another, an acquisition.
Blue Grass is an unincorporated community on VA 642 at its junction with VA 640 in Highland County, Virginia, United States. Blue Grass lies along the South Branch Potomac River. It was previously known as Crabbottom and Hulls Store before the Board on Geographic Names officially decided upon Blue Grass in 1950.